Fabiano Bros., Inc.

$4,744,019 PPP Loan in Bay City, Michigan

Loan Details

Loan Number
9114997008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$4,744,019
Current Approval
$4,744,019
Forgiveness Amount
$4,799,163
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fabiano Bros., Inc.
Address
1885 Bevanda Ct. 0.0
ZIP Code
48706-8720
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
417
Estimated Revenue
$107.3M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$3,529,517
Rent
$506,000
Utilities
$83,503
Health Care
$441,184
Debt Interest
$183,815

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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